HR Metrics

Virtually every business complains about the talent gap, of being unable to acquire all the skills it needs to push objectives forward. And a lot of business literature backs up this tech talent shortage—or it has, until now. In an article for TechRepublic, Alison DeNisco Rayome shares findings from a new Forrester report that claims the tech talent gap is partially in our heads. Talent Found? According to Rayome, tech talent is both available and …

An important thing we have to remember when we throw around the term “big data” is that there is nothing inherently special about it—it is just our colorful way of saying, “We have a lot of numbers.” Particular caution should be exercised with big data in HR. In an article for Harvard Business Review, Peter Cappelli dispels notions that big data will solve all of HR’s problems and outlines some more practical considerations for improving …

By definition, not every business can hire the best job seekers. But there are steps you can take to distinguish your business and garner more interest from aces. An article at Inc. highlights six metrics that you should start paying closer attention to in order to do just that: Time to hire Stage-to-stage conversions Percentage of completed applications Offer acceptance Conversion rates by source Long-term employer and employee satisfaction The Best Odds The longer it …

Introduction – The New Age Performance Management The idea of performance management has gone through some drastic developments in recent years. Adobe scrapped their performance reviews in 2012. Deloitte followed suit in 2015. General Electric and Microsoft have completely abandoned their annual ranking system. More and more companies are directing their focus on company goals by making their system more employee-oriented. The above charts indicate that 75 percent of respondents believe performance management to be …

Between Glassdoor and Indeed—among several other resources—job seekers have plenty of data these days on whether your business is a sweet dream or a nightmare. It is on you to ensure your work environment is hospitable compared to the competition. Toward that end, Suzanne Lucas discusses in a post for Spark the value of benchmarking in HR. Good for Business In the first place, Lucas warns that you be smart about the way you approach …

Miserable employees leave, or if they do not leave, they put in such a low work effort that managers might wish they would leave. In this way, employee well-being is pretty important, even for the most cold-hearted leaders. In an article for CIO.com, Sharon Florentine outlines a few ways that businesses can actually seek to measure well-being in a statistically meaningful way. The Cheerful Measure The first step of measuring employee well-being is deciding what …

“A global survey of more than 50 Fortune 1000 companies and 1.2 million employees showed that in a whopping 85% of organizations… employee motivation declines sharply after people have spent six months with their managers.” Tomas Chamorro-Premuzic and Lewis Garrad share this data in an article for Harvard Business Review. What on Earth can be done about this information? Well, the authors recommend that managers stop treating motivation like an art and start treating it …

The deeper that employees actually care about their work, the higher the final quality of that work will be. Thus, businesses are eager to better understand what drives engagement. Research by Oracle tackles this topic. They have interviewed over 4,700 people across 20 countries to learn how engagement is affected across a spectrum of factors. Engaging with Disappointment Oracle considered seven factors altogether: culture, performance, rewards, development and progression opportunities, experiences with collaboration technology, impact …

A healthy application of metrics can make any process more efficient, and the alien world of HR is not exempt from that. Tech recruiters especially would embrace tips to acquire more talent. In a post for Stack Overflow Talent, Rachel Ferrigno shares four metrics for tech recruiters to implement: Time-to-fill Source of hire Number of qualified applicants Candidate satisfaction Data for Your Search Engine According to ITworld, it takes an average of 35 days to …

Introduction: The New Age Performance Management The idea of performance management has gone through some drastic developments in recent years. Adobe scrapped their performance reviews in 2012. Deloitte followed suit in 2015. General Electric and Microsoft have completely abandoned their annual ranking system. More and more companies are directing their focus on company goals by making their system more employee-oriented. The above charts indicate that 75 percent of respondents believe performance management to be an …